Bronfman Raises Paramount Takeover Bid to $6 Billion

Bronfman's Increased Offer for Paramount
Veteran media executive Edgar Bronfman has increased his takeover bid for Paramount Global to a substantial $6 billion, according to sources close to the matter. This represents a significant increase from his previous offer of $4.3 billion. Following this news, Paramount's shares experienced a 2.4% rise in after-hours trading, indicating investor optimism about the potential deal.